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Agios gains $20M to extend April cancer deal with Celgene

This article was originally published in Scrip

Executive Summary

As a result of steady progress in the first 18 months of collaboration, Celgene and Agios Pharmaceuticals have extended by a year the initial period of exclusivity covered by a 2010 deal to develop therapies that target cancer metabolism. The move triggers a $20 million payment to Agios.

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